Some good news for Hong Kong investors: the plunge that has erased more than $750 billion from its stock market since late January may soon be over. The ratio of outstanding bullish-to-bearish contracts is near a 2 1/2-year low, reflecting a pessimistic view. “The market trend usually turns when retail investors become extremely optimistic or pessimistic,” Chau said in an interview in Hong Kong.

BEIJING/HONG KONG (Reuters) - China's Tencent Holdings Ltd saw its stock tumble on Tuesday, wiping out around $15 billion in its market value, amid concern of a blow to its video game revenue after regulators blocked the sale of one of its blockbuster titles. Analysts had widely expected "Monster Hunter: World" to be one of 2018's biggest hits for Tencent, which licensed the game from Japan's Capcom Co Ltd to sell on its WeGame platform. Tencent in a statement said regulators had received a large number of complaints about the game, which has sold over eight million copies worldwide.

BEIJING/HONG KONG (Reuters) - China's Tencent Holdings Ltd saw its stock tumble on Tuesday, wiping out around $15 billion in its market value, amid concern of a blow to its video game revenue after regulators blocked the sale of one of its blockbuster titles. Analysts had widely expected "Monster Hunter: World" to be one of 2018's biggest hits for Tencent, which licensed the game from Japan's Capcom Co Ltd to sell on its WeGame platform. Tencent in a statement said regulators had received a large number of complaints about the game, which has sold over eight million copies worldwide.

Global stock markets regained their poise as the Turkish lira clawed back some of its recent losses and reassuring economic data out of the eurozone helped counter signs of a further gradual slowdown in China. The CSI 300 index of major Shanghai and Shenzhen-listed stocks lost 0.5 per cent.

Technology stocks in Hong Kong slid, led by Sunny Optical Technology Group Co., which tumbled 28 percent -- in line for its biggest drop ever -- after its first-half net income missed analyst estimates. Sunny Optical, one of this year’s best performers on the benchmark Hang Seng Index until Tuesday, was followed lower by AAC Technologies Holdings Inc., which declined 8.3 percent. Index heavyweight Tencent Holdings Ltd., which reports its earnings on Wednesday, fell 5 percent to head for its lowest close since September last year.

This year has certainly not been a good year for Turkey's lira. Over the course of 2018, the lira has lost more than 40 percent against the dollar, mostly due to President Tayyip Erdogan's negative influence over the economy, including mounting debt issues and lower interest rates.

Asia’s main equity benchmarks were all in negative territory. China-focused stocks also fell, with the CSI 300 index of major Shanghai- and Shenzhen-listed stocks dropping 1.9 per cent while in Hong Kong, the Hang Seng China Enterprises index was off 2.1 per cent. Further weighing on Chinese stocks, the Shanghai stock exchange on Friday announced the clampdown on trading halts by companies.

Bank of East Asia Ltd. slumped the most since July 2015 following news it will be cut from Hong Kong’s Hang Seng Index along with China Merchants Port Holdings Co., which also tumbled. BEA closed down 5.8 percent Monday, making it the worst performer on the Hong Kong benchmark, even after paring some earlier losses. China Merchants Port was the third-worst, dropping the most since February.

The onshore renminbi exchange rate, which moves within a trading band of 2 per cent either side of a daily mid point set by the People’s Bank of China, fell 0.4 per cent to Rmb6.8757. The offshore rate was down 0.3 per cent at Rmb6.8871.

fuelled a wave of global risk aversion yesterday, with equity markets weakening across the board — led by banking stocks — while the dollar and core government bonds made substantial gains. The Stoxx 600 Europe banking sub-index fell 2 per cent to a three-week low — and the S&P 500 financial sector was down 1 per cent — while the euro tested the $1.14 level for the first time since July 2017. The single currency’s fall — along with a renewed bout of weakness for sterling — helped the dollar index break out of its recent range and reach the highest level in more than a year.

Geopolitics continued to weigh on markets in Asia-Pacific on Friday while Japan’s economy returned to growth in the second quarter. Japan’s Topix was down 0.6 per cent at a one-month low as the industrials ...

SEOUL, South Korea (AP) — Global stock markets were mixed Thursday with European stocks trading lower after Chinese markets finished with sharp gains, as investors focus on developments in the trade dispute between the United States and China.

Asian stocks markets finish predominately higher Thursday, underscored by big rebounds in China’s stock benchmarks, after muted moves in the U.S. and Europe overnight partly on trade-war jitters. Japan’s Nikkei, however, finished the session with a modest loss, hampered by a further uptick for the yen.

Moves in the currency markets grabbed the headlines as US and European stocks struggled for momentum, and Treasuries rose, against a backdrop of continued worries over the US-China trade dispute. The euro was down 0.7 per cent at $1.1531, while sterling was down a further 0.4 per cent at an 11-month low of $1.2829.

Stock markets were mostly higher in Asia trading as major benchmarks shook off an early tumble by energy stocks, prompted by a fall by crude prices on Wednesday. In Hong Kong the Hang Seng index was up ...